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debs.D
Guest
Hello everyone,
Im looking for some advice of you guys, Ive read the best buys section and also alot of the other threads in relation to my situation.
My husband and i have a large amount of money in our bank account which are undecided what to do with right now. We have 500k in a BOI a/c which at the moment has been there for about a month. That account gets 3% interest and from reading on here we see that that is not great. The Boi guy tried to get us tied up in Evergreen funds, but we decided against it and i taught with what we are thinking you guys on here might have some valuable imput.
We would like to get involved with the best no risk account or fund not sure which for even a fixed term, Maybe 5 years even. We are a young enough couple, both 28 with 1 child and a mortgage of 410K which we can afford to pay on our incomes with no problems. We taught about paying off our mortgage but my husband thinks once we put the money off the house we may never have the chance to have that type of money again, once paid off we may never get money back off bank if we wanted in the future. Especially given we are not struggling with mortgage.
We dont want to risk the money in anything but would like the money to be doing some sort work for us for our future.
Thanks in advance for all advice from both of us.
Deb.
Im looking for some advice of you guys, Ive read the best buys section and also alot of the other threads in relation to my situation.
My husband and i have a large amount of money in our bank account which are undecided what to do with right now. We have 500k in a BOI a/c which at the moment has been there for about a month. That account gets 3% interest and from reading on here we see that that is not great. The Boi guy tried to get us tied up in Evergreen funds, but we decided against it and i taught with what we are thinking you guys on here might have some valuable imput.
We would like to get involved with the best no risk account or fund not sure which for even a fixed term, Maybe 5 years even. We are a young enough couple, both 28 with 1 child and a mortgage of 410K which we can afford to pay on our incomes with no problems. We taught about paying off our mortgage but my husband thinks once we put the money off the house we may never have the chance to have that type of money again, once paid off we may never get money back off bank if we wanted in the future. Especially given we are not struggling with mortgage.
We dont want to risk the money in anything but would like the money to be doing some sort work for us for our future.
Thanks in advance for all advice from both of us.
Deb.